Goldman Sachs Downgrades American Electric Power (AEP) to Neutral on Less Attractive Valuation
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Price: $125.60 +0.18%
Rating Summary:
16 Buy, 13 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 13 | Down: 14 | New: 11
Rating Summary:
16 Buy, 13 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 13 | Down: 14 | New: 11
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Goldman Sachs analyst Michael Lapides downgraded American Electric Power (NYSE: AEP) from Buy to Neutral with a price target of $78.00.
- Steps aside on lack of positive catalysts.
- Also notes recent outperformance for the downgrade.
For an analyst ratings summary and ratings history on American Electric Power click here. For more ratings news on American Electric Power click here.
Shares of American Electric Power closed at $83.57 yesterday.
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